SolarEdge Technologies (SEDG) Receives a Price Target Boost Despite Mixed Q1

A planetary person successful astute vigor technology, SolarEdge Technologies, Inc. (NASDAQ:SEDG) designs, develops, and sells nonstop existent optimized inverter systems for star photovoltaic installations.

On May 8, Mizuho bumped up its terms people connected SolarEdge Technologies, Inc. (NASDAQ:SEDG) from $32 to $36, portion keeping a ‘Neutral’ standing connected the shares.

The determination comes contempt SolarEdge Technologies, Inc. (NASDAQ:SEDG) reporting mixed results for its Q1 2026 connected May 6. The institution delivered an adjusted nonaccomplishment of $0.43 per stock during the quarter, falling down expectations by $0.16. However, its gross grew by implicit 41% YoY to $310.5 cardinal and topped estimates by $5 million. Meanwhile, escaped currency travel came successful astatine $20.7 million, down from $43.3 cardinal successful the erstwhile quarter.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is forecasting revenues to beryllium wrong the scope of $325 cardinal to $355 cardinal for the 2nd quarter, with adjusted gross margins expected to travel betwixt 23% and 27%. The institution expects to attack breakeven operating nett successful the 2nd quarter.

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